On November 4, 2008, by majority election of the Districts' registered voters, $389,000,000 in general obligation bonds (Proposition R) were authorized to be issued and sold for the benefit of the District.

Proceeds from the bonds are to be used for construction, reconstruction and/or rehabilitation of facilities, including the furnishing and equipping of its facilities, acquisition, or lease of real property for its facilities and construction management by District personnel.

On March 14, 2012, the Southwestern Community College District Board unanimously voted to re-evaluate all Proposition R projects to determine the best use of bond funds and reassess its priorities.